GoCardless to buy Open Banking platform

GoCardless has announced plans to buy Open Banking data provider Nordigen.

The FinTech, which provides direct bank payment solutions, will incorporate Nordigen’s Open Banking connectivity, which it says offers the widest coverage in Europe, into its account-to-account network.

The Open Banking company currently connects to over 2,300 banks across 31 counties.

GoCardless said that the move would mean it could provider free Open Banking connectivity at scale and open up self-serve access to account information services to everyone.

“The Nordigen acquisition will take us to the next level," said Hiroki Takeuchi, chief executive, GoCardless. "By intelligently combining free, state-of-the-art open banking connectivity with deep payment expertise, we can now offer open banking-as-a-service to any developer, partner or fintech. We believe this open access will lead to experimentation, and that will create even more compelling use cases."

    Share Story:

Recent Stories


Meet Evelyn, your Economic Sanctions/PEP/Adverse Media Alert Adjudication Analyst
Meet Evelyn, an Economic Sanctions/PEP/Adverse Media Alert Adjudication Analyst, who uses native AI/ML capabilities to automate the Customer/PEP screening and Negative News screening alert adjudication processes for leading BFS organizations with greater speed, accuracy, and consistency than human analysts.

New Business Frontiers
FStech’s Mark Evans discusses the future of financial services with Liu Jianning of Huawei, covering the limitations that current thinking can impose, how financial institutions can embrace technology to be both agile and resilient, and making space for the organisation to focus on the job of creating innovative business models and on delivering business value for their customers.

The Future of Intelligent Finance
FStech Group Editor Mark Evans sits down with Jason Cao, President of Global Financial Services Business Unit, Enterprise BG at Huawei ahead of its Intelligent Finance Summit which was held on 3rd and 4th of June in Shanghai. This Q&A delves into key trends in digital transformation of the financial services industry as well as a look at how data, robotic infrastructure, intelligent storage and innovative technologies are shaping the future for FSIs.